Posted inNEWS, Business, Others
Canadian investment fund buys 3% of Watches of Switzerland Group
Alberta Investment Management Corporation (AIMCO), which has an estimated 168.3 billion Canadian dollars (£88 billion) invested for pension, endowment and government funds in Alberta, has acquired a 3% stake in Watches of Switzerland Group. The luxury watch retailer’s share price rose by 4% in morning trading. The transaction for 7,075,000 shares with voting rights, was valued […]